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The purpose of this research is to examine the causal relationship between energy and economic growth in Croatia using … results reflect relatively low energy intensity in Croatia as a consequence of transition depression during the 1990s and the … data for the period from 1993 to 2006. We use a bivariate model of real GDP and five energy variables: energy consumption …
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) in Croatia for the period 1995–2018. The research data were retrieved from the World Bank database. Two options of time …/GDP. In order to examine the relationship between FDI and real GDP different cointegration tests were employed, as well as … the cointegration tests indicated that there is no long-run equilibrium relationship between real GDP growth rate and any …
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-investigate co-integration and the causal relationship between energy consumption and real GDP within a multivariate framework that …, Croatia should adopt a more vigorous economic policy aimed toward increasing investments in installed energy capacities and …This paper applies the most recently developed autoregressive distributed lag (ARDL) co-integration procedure to re …
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